$289,000

Estimated payment $1,722/month

Total Views 17,971
0.12 Acre
$2,504,333 Price per Acre
5,027 Sq Ft Lot

About This Lot

Rare Development Opportunity with Bay View Potential!** What a value this 5,024 sq ft corner lot in Monterey is zoned for 3-5 units and offers sweeping potential views of Monterey Bay. Plans by architect Clark Watkins for a 3-unit building were originally approved by the City in 2005. Buyers should verify the current status of any prior plans, permits, and water allocation with the City. The propertys last known spot on the water waitlist was #22. The attractive pricing reflects that no water is currently available. An exceptional long-term investment with the chance to build a future income-producing triplex in one of Montereys most desirable locations.

Listing Agent

Michelle Russell

eXp Realty of California Inc License #70010200 Listed on: 05/03/2025

eXp Realty of California Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,516

Lot Details

  • 5,027 Sq Ft Lot
  • Lot Sloped Down

Property Views

  • Ocean
  • Bay
  • Forest

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$1,516

Lot Details

0

Listing Details

  • Zoning: R-3
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Build To Suit, Unimproved Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Bay, Ocean, Forest / Woods

Utilities

  • Sewer/Septic System: Sewer Available

Schools

  • School District: Monterey Peninsula Unified

Lot Info

  • Lot Description: Views, Grade - Sloped Down
  • Lot Acres: 0.1154
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5025.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5025.00
  • Soil: Unknown
  • Parcel Access: Paved Road, City Street

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,516 $142,051 $142,051 --
2024 $1,516 $139,266 $139,266 --
2023 $1,500 $136,536 $136,536 $0
2022 $1,480 $133,859 $133,859 --
2021 $1,458 $131,235 $131,235 $0
2020 $1,403 $129,890 $129,890 $0
2019 $1,472 $127,344 $127,344 $0
2018 $1,414 $124,848 $124,848 $0
2017 $1,309 $122,400 $122,400 $0
2016 $397 $35,519 $35,519 $0
2015 $391 $34,986 $34,986 $0
2014 $385 $34,301 $34,301 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2025 05/03/25 For Sale $289,000 -- --
Source: MLSListings

Purchase History

Date Type Sale Price Title Company
Grant Deed $120,000 Chicago Title Company
Grant Deed -- --
Source: Public Records

Source: MLSListings

MLS Number: ML82005387

MLSListings

APN: 001-186-017-000